The Securities and Exchange Commission of Pakistan (SECP), working with the International Finance Corporation (IFC), held a second stakeholder consultation in Karachi under the ESG Pakistan Project to help align Pakistan’s corporate sector with international environmental, social and governance (ESG) standards and support an investment-ready capital market. The session brought together capital market institutions, corporates and professional bodies and followed discussions launched with the ESG Pakistan Project in July 2025. SECP highlighted its phased ESG reform programme, including an ESG Regulatory Roadmap, ESG disclosure guidance and the ESG Sustain Portal, and indicated that responses to its recent ESG survey will be used to identify sectoral challenges and shape policy. SECP also described the next phase as focused on deepening implementation by translating policy into measurable corporate practices, supported by tools, data systems and incentives. Under the three-year project, IFC support will cover nationwide stakeholder engagement, sector-specific ESG capacity-building workshops, development of ESG guidance materials and impact assessments of ESG practices among listed companies using data from the ESG Sustain Portal; the initiative is supported by the UK Foreign, Commonwealth & Development Office (FCDO) and the Facility for Investment Climate Advisory (FIAS).
Securites & Exchange Commission of Pakistan 2025-10-22
Securities and Exchange Commission of Pakistan and International Finance Corporation convene second ESG Pakistan Project consultation to advance ESG regulatory reforms
The Securities and Exchange Commission of Pakistan (SECP), with the International Finance Corporation (IFC), held a stakeholder consultation in Karachi for the ESG Pakistan Project to align the corporate sector with international ESG standards. SECP detailed its phased ESG reform programme, including a Regulatory Roadmap and disclosure guidance, using survey responses to tackle sectoral challenges. The three-year project, supported by the UK Foreign, Commonwealth & Development Office and the Facility for Investment Climate Advisory, will include nationwide stakeholder engagement and capacity-building workshops.